Sec. 520.063. EXEMPTIONS. The following persons and their agents are exempt from the licensing and other requirements established by this subchapter: (1) a franchised motor vehicle dealer or independent motor vehicle dealer who holds a general distinguishing number issued by the department under Chapter 503 ; (2) a vehicle lessor holding a license issued by the department under Chapter 2301 , Occupations Code, or a trust or other entity that is specifically not required to obtain a lessor license under Section 2301.254(a) of that code; and (3) a vehicle lease facilitator holding a license issued by the department under Chapter 2301 , Occupations Code.
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